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Sara Fischer: Simone Biles joins Religion of Sports

Thought Leader: Sara Fischer
February 18, 2025
Source: Axios

Simone Biles is joining Religion of Sports, the production company co-founded by Tom Brady, Michael Strahan and filmmaker Gotham Chopra, as a creative partner and board member, she told Axios in an interview.

Why it matters: The move firmly establishes Biles — the most decorated gymnast in history — as a media entrepreneur.

Zoom in: While Biles has experimented with a few media projects, including her Netflix series “Simone Biles Rising” and her best-selling autobiography and its TV adaptation “Courage to Soar,” her new role with ROS will allow her to help produce and direct projects for other athletes.

Between the lines: One area where Biles will bring strong expertise is storytelling around athletes who compete as individuals.

Catch up quick: Biles has worked with ROS over the past five years on projects such as her Netflix show and “Simone vs Herself,” a Facebook Watch series.

The big picture: Biles joins ROS during a period of major disruption for the sports entertainment industry.

  • The streaming era ushered in a slew of new athlete-led production startups, such as Steph Curry’s “Unanimous Media,” Kevin Durant’s Boardroom, David Beckham’s Studio 99, LeBron James’ SpringHill Company, Peyton Manning’s Omaha Productions, Carmelo Anthony’s Creative 7, and Sue Bird and Megan Rapinoe’s A Touch More.

Yes, but: Turbulence in Hollywood and changes to the media landscape have forced some companies to consolidate, cut costs or raise more cash.

  • ROS shuttered its audio unit and laid off staff from that team in 2023.
  • While some of those podcasts were later turned into scripted TV series, the shows themselves were harder for ROS to monetize given its focus on premium, narrative storytelling, Sankaran said.

Zoom out: Today, ROS is in a “very stable place” because it’s doubled down on what works, Chopra said.

  • With around 40 full-time employees, it’s pacing to produce more than a dozen major projects this year.
  • The company, which raised $50 million in 2022, has focused over the past year on expanding its streaming partnerships and creating intimate, character-driven stories.

What to watch: Although Sankaran and Chopra declined to discuss any financial figures, Sankaran said the company expects to turn a profit in 2025.

  • The firm, which has raised $66 million to date, has a ‘sufficient cash balance,'” he added.
  • In the future, ROS may raise capital to pursue an acquisition. The company is eyeing more scripted entertainment, content production for brands and international expansion as key areas of opportunity.

This article is from WWSG exclusive speaker, Sara Fischer.

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